Sierra County, NM · Sold

NM-289739

829 County Road 290

$1,084,100

$645/ac · 1,680 ac

Offer report Market this tract

Acreage1,680 ac

Price per acre$645/ac

ZoningAgricultural

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedSep 25, 2025

Coordinates33.0580, -107.2371

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Sierra County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Sierra market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope14.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,928 ft of deeded road frontage.

Power188 ft away

Power at or near the road.

Buildable area1272.98 of 1680.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,010,566

$818,815 – $1,202,317 · $601/ac on 1,680 ac

Asking vs estimate

+7.3%

Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,084,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$577,466

$344/ac · +30.0% target margin

You need $506,634 off asking to hit this margin.

All-in cost$626,551

Net resale$929,720

Projected profit$303,170

ROI+48.4%

Annualized+69.2%

Break-even resale$405/ac

Profit if resale lands off target

-20%

$117,226

-10%

$210,198

$303,170

+10%

$396,142

+20%

$489,114

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-829707 Landlocked · Off grid	1641.8	Jul 27, 2026	$483,700	295	598	11.6 mi	82
NM-219889 Landlocked · Power at road	1873.2	Sep 29, 2025	$407,300	217	405	7.6 mi	77
NM-129986 Paved · Power at road	2009.5	Jul 28, 2025	$1,323,500	659	727	11.3 mi	76
NM-728914 Gravel · Power at road	924.3	Oct 5, 2025	$528,400	572	580	6.4 mi	70
NM-699872 Dirt · Power at road	1850.2	Jun 9, 2024	$725,100	392	605	10.9 mi	70
NM-959913 Dirt · Full utilities	1906.0	Apr 4, 2025	$831,900	436	540	13.2 mi	69
NM-139242 Gravel · Off grid	1172.3	Apr 28, 2024	$677,100	578	786	12.6 mi	62

Show adjustment detail for the top comp

Tract size (1641.78 ac → 1680.28 ac)-0.7%
Access (Landlocked → Paved)+73.5%
Utilities (Off grid → Power at road)+17.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV